£428,675
This estimated value is based upon the latest sale price for the house of £249,950 on 10 Feb 2012. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Alexander House, 40a Wilbury Way, Hitchin, SG4 0AP
Phone: 02081280072
Price Paid | Date |
---|---|
£249,950 | 10 Feb 2012 |
£249,995 | 30 Jun 2010 |
Semi-Detached |
Freehold |
Floor Area: 115 sq meters or 1,247 sq feet |
This model uses changes in the Official Land Registry House Price Index for HERTFORDSHIRE to estimate the market value.
When this house was purchased in February 2012 the House Price Index for HERTFORDSHIRE was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £249,950 results in an estimated price of approximately £428,675.
10 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.505 % | £249,950 | £178,725 | £428,675 |
The Postcode Pricing Model uses changes in average sales price within the SG4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 71.939 % | £179,811 | £429,761 |
3 Month Average | 117.081 % | £292,644 | £542,594 |
6 Month Average | 87.595 % | £218,944 | £468,894 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £456,762 | £450,000 | 38 WOOLGROVE ROAD |
18 Sep 2023 | £607,771 | £600,000 | 56 WOOLGROVE ROAD |
8 Jun 2023 | £657,970 | £650,000 | 20 CADWELL LANE |
24 Mar 2023 | £479,518 | £475,000 | 30 CADWELL LANE |
17 Mar 2023 | £201,902 | £200,000 | 8 GROVE HOUSE CADWELL LANE |
This house has a floor area of 115 sq meters or 1,247 sq feet when measured on 21 Oct 2009. Using an estimated price of £428,676 means this house is valued at £3,697 per sq meter (£343 per sq foot).
There is one other house on the street which we know the size of, this is 11 GIRDLE ROAD it is 93.3
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Girdle Road |
Dec 2023 | Anti-social behaviour | On or near Girdle Road | |
Dec 2023 | Anti-social behaviour | On or near Girdle Road | |
Dec 2023 | Anti-social behaviour | On or near Girdle Road | |
Dec 2023 | Anti-social behaviour | On or near Girdle Road |